Market Updates
The Financial Conduct Authority of the United Kingdom has announced its approval for the establishment of a market segment dedicated to crypto-backed Exchange-Traded Notes (ETNs), signaling a significant stride in the integration of digital assets into traditional financial frameworks. In line with this development, the London Stock Exchange (LSE) has
AI
The Council of Europe's Intergovernmental Steering Committee on Media and the Information Society has formally adopted groundbreaking guidelines for the responsible integration of artificial intelligence (AI) systems in journalistic practices. This significant development, announced on December 29, marks a pivotal step towards fostering a rule of law-based and human rights-compliant
Market Updates
Coinbase CEO Brian Armstrong has articulated his perspective on why adopting an adversarial stance on cryptocurrency may prove to be an ineffective strategy for U.S. politicians eyeing the 2024 elections. In a video shared on December 19, Armstrong highlighted the admission by U.S. Senator Roger Marshall that the
Market Updates
Taiwanese residents have reportedly engaged in activity on the decentralized betting platform Polymarket, renowned for its record-breaking trading volumes during the 2020 United States election. The upcoming Taiwan presidential election scheduled for January 13, 2024, cautionary advisories have been issued to citizens against utilizing cryptocurrency betting platforms for wagering on
Market Updates
The security incident involving popular wallet provider MetaMask and hardware wallet Ledger has sent shockwaves across the Ethereum Virtual Machine (EVM) ecosystem. The attack targeted Ledger's connector library, a crucial interface between Ledger hardware wallets and decentralized applications (DApps). MetaMask, a widely used wallet provider, also fell victim to the
Market Updates
Bitcoin's upward price momentum, initiated in October, propelled the premier cryptocurrency to substantial gains of nearly $10,000 within the last month. However, on December 11, BTC experienced a significant correction, dropping 7% and erasing the preceding week's progress. This correction led to $41,350, triggering double-digit declines in various
Market Updates
Despite Ether's impressive 70% year-to-date surge, the NFT market is not experiencing the same level of enthusiasm. While Ether has seen significant gains, NFT valuations are lagging behind. Nansen's NFT-500 index, measuring the top 500 NFTs, has witnessed a 50% decline when denominated in Ether and a 16% drop in